LEADER 03972oam 2200661I 450 001 9910790666503321 005 20230617012641.0 010 $a1-136-51541-0 010 $a0-415-60740-X 010 $a1-315-01675-3 010 $a1-136-51534-8 024 7 $a10.4324/9781315016757 035 $a(CKB)2550000001128394 035 $a(EBL)1461021 035 $a(OCoLC)862048700 035 $a(SSID)ssj0001192187 035 $a(PQKBManifestationID)11647580 035 $a(PQKBTitleCode)TC0001192187 035 $a(PQKBWorkID)11227343 035 $a(PQKB)10449142 035 $a(MiAaPQ)EBC1461021 035 $a(Au-PeEL)EBL1461021 035 $a(CaPaEBR)ebr10781263 035 $a(CaONFJC)MIL529028 035 $a(OCoLC)863455898 035 $a(FINmELB)ELB134787 035 $a(EXLCZ)992550000001128394 100 $a20180706e20031958 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEconomic theory and Western European integration /$fTibor Scitovsky 210 1$aOxon [England] :$cRoutledge,$d2003. 215 $a1 online resource (157 p.) 225 1 $aRoutledge library editions. Economics. International economics ;$vIX 300 $aFirst published in 1958. 311 $a0-415-31364-3 311 $a1-299-97777-4 320 $aIncludes bibliographical references and index. 327 $aCover; Half Title ; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Dedication ; Introduction to the Second Printing; Preface; Table of Contents; I. THE PROBABLE EFFECTS OF ECONOMIC INTERGRATION IN WESTERN EUROPE; A. Economic Organization and Relations within The Union; 1. The Effect of Union on Employment; 2. The Effect of Union on Productivity; (a) The Effects of Union on Methods of Production; (b) The Effect of Union on the Allocation of Output; (c) The Effect of Union on Investment; 3. The Distribution of Gains among Member Countries 327 $aB. Economic Relations with the Outside World4. The Orthodox Argument; 5. An Illustration; 6. The Effect of Increased Productivity on the Terms of Trade; II. THE THEORY OF THE BALANCE OF PAYMENTS AND THE PROBLEM OF A COMMON EUROPEAN CURRENCY; A. The Theory of the Balance of Payments; 1. The Classical Theory; 2. The Income Theory; 3. Migration; 4. The Role of the Capital Market; 5. The Role of Employment Policy; B. The Problems of Currency Union; 6. The Problem of an all-European Capital Market; 7. The Problem of an Integrated Employment Policy; 8. The Adequacy of External Reserves 327 $aC. A Note on the Concept of Adequate External ReservesIII. ECONOMIES OF SCALE, COMPETITION AND EUROPEAN INTEGRATION; 1. The Choice of a Method of Production; 2. Determinants of the Choice; (a) The Size of the Firm; (b) The Rate of Accretion of Demand; (c) The Degree of Competition; 3. Effects on Economic Development; 4. Some Likely Consequences of Integration; IV. THE DOCTRINE OF COMPARATIVE ADVANTAGE AND THE EUROPEAN COAL AND STEEL COMMUNITY; 1. The Case of Factor Immobility; 2. The Case of Factor Mobility; 3. The Problems of Integration by Sectors; Index 330 $aThe union of Western Europe poses many complex and technical obstacles. Analysing the advantages as well as the difficulties, the book discusses competition and the nature and direction of the increased pressures it brings to bear upon entrepreneurial activity, through which the effects of economic union will mostly be felt. 410 0$aRoutledge library editions.$pEconomics.$pInternational economics ;$v9. 606 $aEuropean federation 607 $aEurope$xEconomic policy 615 0$aEuropean federation. 676 $a157 700 $aScitovsky$b Tibor.$0121706 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910790666503321 996 $aEconomic theory and western european integration$91205838 997 $aUNINA